India's Ecommerce sector is growing at the fastest pace in the world: CCI report

02:00:00 PM, Thursday 9th of January 2020 | in business

The CCI's new report cites that India's e-commerce sector is growing at the fastest pace in the world and estimates this segment's revenue to reach $120 billion in 2020 with an annual growth rate of 51 %. The report also cited that the introduction of cash of delivery as a payment method by e-commerce platforms helped in gaining the trust of users, thereby increasing the number of online orders.